Mass layoffs slow in Bay State, spike in U.S. - Boston Business Journal:

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Massachusetts companies oversaw 23 mass layoffsxin May, resulting in 2,28q initial unemployment claims, according to the . The statwe saw 38 such layoffs, which resulted in 3,77p unemployment claims, in April. A mass as defined by the U.S. Bureauy of Labor Statistics, is a single action by a singlw employer that causes at least 50 workers to losetheir jobs. The Bureaui of Labor Statistics calculates mass layofft data on a seasonallhadjusted basis. While May’s total was up considerablg fromthe year-earlier period (9 mass layoffs, 946 unemployment claimds in May 2008), the April-to-May drop ran counte r to a national spike in mass layoffs by U.S. companies. In May, U.S.
employerds triggered 2,738 mass layoffs, prompting 289,628 unemploymenr claims. Both numbers were higher than the totalsd reported in Apriland March, while mass layoff numbers in May were lower than the totals reported the prior two months.